Starbucks Corporation [SBUX] Revenue clocked in at $29.06 billion, up 1.57% YTD: What’s Next?

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Starbucks Corporation [NASDAQ: SBUX] price plunged by -0.89 percent to reach at -$0.98. The company report on November 16, 2021 that Starbucks Declares Quarterly Cash Dividend.

Starbucks Corporation (NASDAQ: SBUX) announced that its Board of Directors has approved a dividend of $0.49 per share of outstanding Common Stock. The dividend will be payable in cash on February 25, 2022 to shareholders of record on February 11, 2022.


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About Starbucks.

A sum of 7578648 shares traded at recent session while its average daily volume was at 6.53M shares. Starbucks Corporation shares reached a high of $113.35 and dropped to a low of $108.55 until finishing in the latest session at $108.66.

The one-year SBUX stock forecast points to a potential upside of 11.4. The average equity rating for SBUX stock is currently 2.20, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Starbucks Corporation [SBUX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBUX shares is $122.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBUX stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Argus have made an estimate for Starbucks Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 04, 2021. While these analysts kept the previous recommendation, Stephens raised their target price from $118 to $130. The new note on the price target was released on November 01, 2021, representing the official price target for Starbucks Corporation stock. Previously, the target price had yet another drop from $135 to $122, while Wells Fargo kept a Overweight rating on SBUX stock. On October 29, 2021, analysts decreased their price target for SBUX shares from 132 to 128.

The Average True Range (ATR) for Starbucks Corporation is set at 2.66, with the Price to Sales ratio for SBUX stock in the period of the last 12 months amounting to 4.49. Price to Free Cash Flow for SBUX in the course of the last twelve months was 288.24 with Quick ratio for the last quarter at 0.80.

SBUX Stock Performance Analysis:

Starbucks Corporation [SBUX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.33. With this latest performance, SBUX shares dropped by -1.04% in over the last four-week period, additionally sinking by -2.21% over the last 6 months – not to mention a rise of 9.96% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SBUX stock in for the last two-week period is set at 39.36, with the RSI for the last a single of trading hit 34.61, and the three-weeks RSI is set at 41.80 for Starbucks Corporation [SBUX]. The present Moving Average for the last 50 days of trading for this stock 112.31, while it was recorded at 110.73 for the last single week of trading, and 113.22 for the last 200 days.

Insight into Starbucks Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Starbucks Corporation [SBUX] shares currently have an operating margin of +16.05 and a Gross Margin at +22.70. Starbucks Corporation’s Net Margin is presently recorded at +14.45.

Return on Total Capital for SBUX is now 26.05, given the latest momentum, and Return on Invested Capital for the company is 27.44. Additionally, SBUX Total Debt to Total Capital is recorded at 129.10, with Total Debt to Total Assets ending up at 75.19.

Reflecting on the efficiency of the workforce at the company, Starbucks Corporation [SBUX] managed to generate an average of $10,964 per employee. Receivables Turnover for the company is 22.99 with a Total Asset Turnover recorded at a value of 0.96.Starbucks Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.00.

SBUX Stock EPS

With the latest financial reports released by the company, Starbucks Corporation posted 0.51/share EPS, while the average EPS was predicted by analysts to be reported at 0.31/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 64.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SBUX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Starbucks Corporation go to 33.74%.

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Starbucks Corporation [SBUX] Insider Position Details

There are presently around $89,493 million, or 70.70% of SBUX stock, in the hands of institutional investors. The top three institutional holders of SBUX stocks are: VANGUARD GROUP INC with ownership of 98,303,028, which is approximately 1.2% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 74,791,555 shares of the stock with an approximate value of $8.13 billion in SBUX stocks shares; and STATE STREET CORP, currently with $5.09 billion in SBUX stock with ownership of nearly -0.255% of the company’s market capitalization.

Positions in Starbucks Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 1,143 institutional holders increased their position in Starbucks Corporation [NASDAQ:SBUX] by around 37,508,732 shares. Additionally, 941 investors decreased positions by around 38,096,597 shares, while 277 investors held positions by with 747,999,076 shares. The mentioned changes placed institutional holdings at 823,604,405 shares, according to the latest SEC report filing. SBUX stock had 130 new institutional investments in for a total of 5,662,953 shares, while 101 institutional investors sold positions of 8,145,103 shares during the same period.